Scandium Canada hits long runs in Quebec at it preps update

Original announcement by canadianminingjournal on

Company
Scandium Canada
Ticker
SCD
Exchange
Unavailable
Region
Quebec
Primary commodity
Scandium
Secondary commodities
None reported
Document categories
Drill results, Resource update
Extracted
2026-09-12 01:43:49 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Scandium Canada reported strong drill results from its Crater Lake project in Quebec, including intercepts of up to 461 ppm Sc2O3. The company is currently preparing a resource update and a preliminary economic assessment to advance the project.

Reasoning: Drill results show high-grade scandium oxide intercepts (up to 461 ppm) at the Crater Lake project, supporting upcoming resource update.

Positive factors

  • Strong scandium oxide grades reported in multiple holes
  • Significant existing resource base mentioned
  • Company preparing resource update and PEA

Facts used in scoring: 11

Classification and evidence

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: Company is working on a resource update this year.

Evidence · text

“as the company works on a resource update this year”

Extracted facts

Stored fact records: 11. Some facts used in scoring do not have a stored record.

Drill Results (9)

CLB26070Crater Lake · scandiumGrade: 315Grade Unit: ppmIntercept: 13.4 mView all details
Link to this fact

Identity

Hole ID
CLB26070
Project
Crater Lake
Commodity
scandium
Region
canada_qc
Reported Region
canada_qc
Ticker
SCD

Geometry

Grade
315
Grade Unit
ppm
Intercept
13.4 m
From
32.7 m
To
46.1 m
Intercept Depth
32.7 m

Classification

Program
exploration
Sample Type
drill
Group ID
CLB26070:32.7-46.1

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: High-grade scandium intercept in the TG zone.

Positive factors

  • Strong grade of 315 ppm

Evidence · text

“assays as strong as 13.4 metres grading 315 parts per million (ppm) scandium”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CLB26070Crater Lake · scandiumGrade: 175Grade Unit: ppm Sc2O3Intercept: 65.4 mView all details
Link to this fact

Identity

Hole ID
CLB26070
Project
Crater Lake
Commodity
scandium
Region
canada_qc
Reported Region
canada_qc
Ticker
SCD

Geometry

Grade
175
Grade Unit
ppm Sc2O3
Intercept
65.4 m
From
122 m
To
187.4 m
Intercept Depth
122 m

Classification

Program
exploration
Sample Type
drill
Group ID
CLB26070:122-187.4

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: Wide intercept of scandium oxide.

Positive factors

  • Significant width

Evidence · text

“included 65.4 metres at 175 ppm scandium oxide (Sc 2 O 3 ) from 122 metres downhole”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CLB26070Crater Lake · scandiumGrade: 316Grade Unit: ppm Sc2O3Intercept: 7.2 mView all details
Link to this fact

Identity

Hole ID
CLB26070
Project
Crater Lake
Commodity
scandium
Region
canada_qc
Reported Region
canada_qc
Ticker
SCD

Geometry

Grade
316
Grade Unit
ppm Sc2O3
Intercept
7.2 m
From
122 m
To
129.2 m
Intercept Depth
122 m

Classification

Program
exploration
Sample Type
drill
Group ID
CLB26070:122-129.2

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: High-grade sub-interval.

Positive factors

  • High grade

Evidence · text

“7.2 metres grading 316 ppm Sc 2 O 3”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CLB26072Crater Lake · scandiumGrade: 228Grade Unit: ppm Sc2O3Intercept: 30.2 mView all details
Link to this fact

Identity

Hole ID
CLB26072
Project
Crater Lake
Commodity
scandium
Region
canada_qc
Reported Region
canada_qc
Ticker
SCD

Geometry

Grade
228
Grade Unit
ppm Sc2O3
Intercept
30.2 m
From
7.3 m
To
37.5 m
Intercept Depth
7.3 m

Classification

Program
exploration
Sample Type
drill
Group ID
CLB26072:7.3-37.5

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: Solid scandium oxide intercept.

Positive factors

  • Good width

Evidence · text

“CLB26072, which returned 30.2 metres grading 228 ppm Sc 2 O 3 from 7.3 metres depth”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CLB26072Crater Lake · scandiumGrade: 232Grade Unit: ppm Sc2O3Intercept: 125 mView all details
Link to this fact

Identity

Hole ID
CLB26072
Project
Crater Lake
Commodity
scandium
Region
canada_qc
Reported Region
canada_qc
Ticker
SCD

Geometry

Grade
232
Grade Unit
ppm Sc2O3
Intercept
125 m
From
55.1 m
To
180.1 m
Intercept Depth
55.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
CLB26072:55.1-180.1

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: Extensive intercept of scandium oxide.

Positive factors

  • Very large width

Evidence · text

“125 metres at 232 ppm Sc 2 O 3 from 55.1 metres downhole”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CLB26072Crater Lake · scandiumGrade: 461Grade Unit: ppm Sc2O3Intercept: 10.3 mView all details
Link to this fact

Identity

Hole ID
CLB26072
Project
Crater Lake
Commodity
scandium
Region
canada_qc
Reported Region
canada_qc
Ticker
SCD

Geometry

Grade
461
Grade Unit
ppm Sc2O3
Intercept
10.3 m
From
55.1 m
To
65.4 m
Intercept Depth
55.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
CLB26072:55.1-65.4

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: High-grade sub-interval.

Positive factors

  • High grade

Evidence · text

“10.3 metres grading 461 ppm Sc 2 O 3”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CLB26073Crater Lake · scandiumGrade: 227Grade Unit: ppm Sc2O3Intercept: 14.1 mView all details
Link to this fact

Identity

Hole ID
CLB26073
Project
Crater Lake
Commodity
scandium
Region
canada_qc
Reported Region
canada_qc
Ticker
SCD

Geometry

Grade
227
Grade Unit
ppm Sc2O3
Intercept
14.1 m
From
9 m
To
23.1 m
Intercept Depth
9 m

Classification

Program
exploration
Sample Type
drill
Group ID
CLB26073:9-23.1

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: Solid scandium oxide intercept.

Positive factors

  • Good width

Evidence · text

“CLB26073 cut 14.1 metres at 227 ppm Sc 2 O 3 from 9 metres depth”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CLB26073Crater Lake · scandiumGrade: 222Grade Unit: ppm Sc2O3Intercept: 33.8 mView all details
Link to this fact

Identity

Hole ID
CLB26073
Project
Crater Lake
Commodity
scandium
Region
canada_qc
Reported Region
canada_qc
Ticker
SCD

Geometry

Grade
222
Grade Unit
ppm Sc2O3
Intercept
33.8 m
From
9 m
To
42.8 m
Intercept Depth
9 m

Classification

Program
exploration
Sample Type
drill
Group ID
CLB26073:9-42.8

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: Wide sub-interval.

Positive factors

  • Significant width

Evidence · text

“including 33.8 metres grading 222 ppm Sc 2 O 3”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CLB26073Crater Lake · scandiumGrade: 346Grade Unit: ppm Sc2O3Intercept: 7.1 mView all details
Link to this fact

Identity

Hole ID
CLB26073
Project
Crater Lake
Commodity
scandium
Region
canada_qc
Reported Region
canada_qc
Ticker
SCD

Geometry

Grade
346
Grade Unit
ppm Sc2O3
Intercept
7.1 m
From
9 m
To
16.1 m
Intercept Depth
9 m

Classification

Program
exploration
Sample Type
drill
Group ID
CLB26073:9-16.1

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: High-grade sub-interval.

Positive factors

  • High grade

Evidence · text

“7.1 metres at 346 ppm Sc 2 O 3”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Resource Estimates (2)

indicatedscandiumTonnes: 16300000Grade: 277.9Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
scandium
Region
canada_qc
Reported Region
Quebec
Ticker
SCD

Resource scope

Estimate type
resource
Resource group id
resource:cedf5715ce0ec6f1918a
Deposit or zone
TG zone

Resource Data

Category
indicated
Tonnes
16300000
Grade
277.9
Grade Unit
g/t

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: Existing indicated resource in the TG zone.

Positive factors

  • Large indicated tonnage

Evidence · text

“The TG zone hosts 16.3 million indicated tonnes grading 277.9 grams scandium per tonne”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

No QP/CP Disclosurenegative

No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

inferredscandiumTonnes: 20900000Grade: 271.7Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
scandium
Region
canada_qc
Reported Region
Quebec
Ticker
SCD

Resource scope

Estimate type
resource
Resource group id
resource:c6e0a4673412e7ae6663
Deposit or zone
TG zone

Resource Data

Category
inferred
Tonnes
20900000
Grade
271.7
Grade Unit
g/t

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes

Dates

Event date
2026-08-26T00:00:00.000Z

Reasoning: Existing inferred resource in the TG zone.

Positive factors

  • Significant inferred tonnage

Evidence · text

“20.9 million inferred tonnes at 271.7 grams scandium”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

No QP/CP Disclosurenegative

No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.